Best Buy Recommendation (with Deep Dive)

 From the Desk of Don Yocham:  After 10-plus years of unrelenting gains in the U.S. stocks, we could be in for a long breather. The Fed is in a tightening mood. That’s driving long term yields higher and pushing the dollar up along with it. And no one that began trading in the last 15 years has any experience trading a rising rate environment. We’ll see what staying power the Fed has in its new agenda. But I suspect that the easy days of closing your eyes, buying FAANGs or meme stocks, and raking in the gains have passed. I learned long ago to never confuse brains for a bull market. Unfortunately, a whole lot of folks will have their market IQs tested over the coming months as we transition from a “nowhere but up market” to stock pickers paradise. And while the January selloff took the unjustifiable fluff out of many highflyers, it overcorrected on others – creating bargains in the process. One of those bargain stocks is Best Buy (NYSE: BBY). At its current price around $102, may models show the market assuming basically zero growth, unreasonably high costs, and capital charges more than twice today’s current levels. Correct the overcorrections however, and you have a stock easily worth 30% to 40% more. That’s a nice gain. [But you can squeeze far more profits out of the trade with this well-timed play…](  To your success,  PS> I usually post these Deep Dives exclusively on the Prosperity Pub Telegram Channel. [Click here to join me & other like-minded folks on our private channel.]( It's completely free and you'll periodically get more of these Deep Dives as well as other recommendations. If you need a hand installing Telegram, we put [this handy guide together]( for you. Disclaimer & Disclosures The information in this email is intended for informational purposes only and does not guarantee specific results as there is a high degree of risk involved with trading. Also, our traders are real traders and may have financial interests in the companies discussed. Please see our [Terms and Conditions]( for more information.                                --------------------------------------------------------------- This email was sent to {EMAIL} by Long Weekend 495 Town Plaza | Ponte Vedra | FL | 32081 [Forward to a friend]( | [Manage Preferences]( | [Unsubscribe](